When AT&T announced it was paying $69 billion for DirecTV, even Wall Street thought the telco had gone a little goofy. After all, that money could have been used to upgrade the company's aging DSL networks, which have failed to keep pace with cable, and buying a satellite TV operator on the eve of the cord cutting revolution seemed suspect. But with AT&T's announcements that it's backing off U-verse TV and planning a huge new push into streaming video, AT&T's ambition has become cleare
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